Solutions

MarketAxess and Trax are helping the industry to
comply with confidence across the full trade lifecycle

Pre- and Post-trade transparency

Complex transparency requirements and data challenges

 

MiFID II is intended to go live in January 2018, bringing about pre- and post-trade transparency (trade reporting) obligations, requiring participants to:

  • Make public certain quotes prior to execution
  • Publish trades in near real-time post-execution
  • Determine Systematic Internaliser (SI) status
  • Apply pre-trade transparency waivers and post trade transparency deferrals
  • Assess the liquid status of instruments to anticipate transparency implications

Complete transparency solution and robust data across all asset classes

 

The Trax Transparency Solution will include tools to help firms comply with confidence, enabling investors and dealers to actively manage their regulatory obligations, including:

  • Approved Publication Arrangement (APA) to support pre- and post-trade transparency
  • Rules engine simplifies challenges of pre-trade waivers and post-trade deferrals
  • Assessment of the liquid status of instruments
 based on a comprehensive reference data service
  • SI services to help firms assess whether they will be deemed a Systematic Internaliser at instrument
 level
  • Critical mass of participation from leading investment firms

Hear more from industry experts on the impacts of impending regulation

Trax Transparency Solution brochure

Learn how Trax helps clients to meet transparency requirements.

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To find out more about TRAX
click here

Contact the team to learn more about how we can help you comply

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